Paysign (NASDAQ:PAYS) Updates FY 2025 Earnings Guidance

Paysign (NASDAQ:PAYS) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.120-0.130 for the period, compared to the consensus earnings per share estimate of 0.170. The company issued revenue guidance of $80.5 million-$81.5 million, compared to the consensus revenue estimate of $77.2 million.

Paysign Stock Up 6.0%

Shares of NASDAQ:PAYS traded up $0.31 during trading on Wednesday, hitting $5.47. The stock had a trading volume of 856,300 shares, compared to its average volume of 520,392. The company has a market capitalization of $297.85 million, a PE ratio of 45.58 and a beta of 0.87. The firm’s fifty day moving average is $5.57 and its 200 day moving average is $5.50. Paysign has a 12 month low of $1.80 and a 12 month high of $8.88.

Paysign (NASDAQ:PAYS) last released its quarterly earnings results on Wednesday, November 12th. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.04. The company had revenue of $21.60 million for the quarter, compared to analyst estimates of $19.92 million. Paysign had a return on equity of 19.32% and a net margin of 9.90%. Paysign has set its FY 2025 guidance at 0.120-0.130 EPS. Equities research analysts expect that Paysign will post 0.21 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on PAYS shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Paysign in a research note on Wednesday, October 8th. DA Davidson set a $9.00 target price on shares of Paysign in a report on Thursday, August 7th. Finally, Lake Street Capital boosted their price target on Paysign from $9.00 to $10.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $8.56.

Hedge Funds Weigh In On Paysign

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Jane Street Group LLC boosted its stake in shares of Paysign by 289.6% during the 2nd quarter. Jane Street Group LLC now owns 93,438 shares of the company’s stock worth $673,000 after acquiring an additional 69,455 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of Paysign by 7.3% during the first quarter. Goldman Sachs Group Inc. now owns 258,334 shares of the company’s stock worth $548,000 after purchasing an additional 17,466 shares in the last quarter. Rhumbline Advisers raised its position in shares of Paysign by 4.7% during the second quarter. Rhumbline Advisers now owns 48,770 shares of the company’s stock valued at $351,000 after buying an additional 2,183 shares during the last quarter. NewEdge Advisors LLC purchased a new stake in Paysign in the 2nd quarter worth $299,000. Finally, Occudo Quantitative Strategies LP boosted its stake in Paysign by 23.5% during the second quarter. Occudo Quantitative Strategies LP now owns 39,453 shares of the company’s stock valued at $284,000 after buying an additional 7,516 shares during the last quarter. 25.89% of the stock is owned by institutional investors.

About Paysign

Paysign, Inc provides prepaid card programs, comprehensive patient affordability offerings, digital banking services, and integrated payment processing services for businesses, consumers, and government institutions. Its product offerings include solutions for corporate rewards, prepaid gift cards, general purpose reloadable debit cards, employee incentives, consumer rebates, donor compensation, clinical trials, healthcare reimbursement payments and pharmaceutical payment assistance, and demand deposit accounts accessible with a debit card.